FSF transitions to updated NZX Listing Rules

24 June 2019 FSF Management Company Limited, as Manager of the Fonterra Shareholders' Fund (FSF), is pleased to advise that it intends to comply with the NZX Listing Rules dated 1 January 2019 from 1 July 2019. FSF will be an issuer of equity securities for the purposes of the Listing Rules. -ENDS- Andrew Cordner Company Secretary - Fonterra Shareholders' Fund FSF Management Company Ltd (Australian Registered Business Number 190 539 935, incorporated in New Zealand) is the Manager of the Fonterra Shareholders' Fund taf@fonterra.com Phone +64 9 374 9000 Private Bag 92032, Auckland, 1142 New Zealand; Fonterra Centre, 109 Fanshawe Street, Auckland, 1010 New Zealand www.fonterra.com End CA:00336463 For:FSF Type:GENERAL Time:2019-06-24 08:30:07